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Ericsson: expects 610m new 5G subscriptions

( - Ericsson estimates that almost one in five mobile subscriptions worldwide will be 5G by the end of 2023.

The statistic appears in the November 2023 edition of Ericsson's Mobility Report, which estimates that there will be 610 million new 5G subscriptions in 2023 - up 63% y-o-y - bringing the global total to 1.6 billion, around 100 million more than previously forecast.

In the six years between the end of 2023 and 2029, global 5G subscriptions are expected to increase by over 330%, from 1.6 billion to 5.3 billion. 5G coverage is expected to be available to more than 45% of the world's population by the end of 2023 and 85% by the end of 2029.

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